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  1. Media & Events
  2. Press Releases

Press Releases


  • Press Releases
    Sep 5, 2025

    Federal Trade Commission Turns Its Back on Workers, Upholds Corporate Control

    The FTC withdraws from defending landmark non-compete ban, leaving workers unprotected from exploitative contracts, including TRAPs and other stay-or-pays.

    More


  • Press Releases
    Aug 15, 2025

    In Split Decision, Partisan DC Appeals Panel Sides with Trump and Vought, May Vacate Trial Court Order Preserving the Consumer Financial Protection Bureau

    Advocates condemn decision; coalition defending the bureau expected to appeal, which automatically blocks this new decision temporarily.

    More


  • Press Releases
    Jul 30, 2025

    Colorado Attorney General Sues PetSmart to Halt Predatory Training Debt Scheme

    New lawsuit alleges PetSmart used TRAPs to lock pet groomers into grueling, low-wage jobs; advocates applaud surge in state action to combat TRAPs.

    More


  • Press Releases
    Jul 29, 2025

    Thanks to Trump CFPB’s Actions, More Than $360 Million Owed to Americans is at Risk, New Investigation Reveals

    A joint Consumer Federation of America and SBPC investigation reveals more than $360 million in redress owed to Americans is at risk due to actions taken by the Trump-led CFPB.

    More


  • Press Releases
    Jul 24, 2025

    State Attorneys General Halt Years-Long, Abusive Training Debt Scheme by Giant Hospital Operator, Freeing Nurses in California, Colorado, and Nevada from TRAPs

    Following multi-state AG action against HCA Healthcare, California legislature is poised to ban all Training Repayment Agreement Provisions (TRAPs) across the golden state.

    More


  • Press Releases
    Jul 15, 2025

    Advocates Applaud Senate Effort to Hold Secretary McMahon Accountable for Burying Working Families with Student Debt in $27 Billion Unnecessary Interest Charges

    As inflation spikes, SBPC unveils a new state map highlighting how much the Trump Administration’s decision to resume interest will cost working families across each state.

    More


  • Press Releases
    Jul 9, 2025

    Trump Administration to Restart Student Loan Interest Charges for Nearly 8 Million Borrowers, Borrowers Will Face More than $3500 Per Year in New Charges

    New analysis of Trump policy projects borrowers will pay $27 billion in unnecessary interest charges per year as millions remain unable to access legal rights to affordable loan payments.

    More


  • Press Releases
    Jul 3, 2025

    Advocates React to Lawmakers’ Passage of “Big Terrible Bill” Delivering Trillions in Tax Cuts to Billionaires, ‘Shame on You!’

    The House of Representatives passed the “Big Terrible Bill” that delivers $4.5 trillion in tax cuts for billionaires and big corporations while gutting essential healthcare, nutrition assistance, and education programs American families rely on.

    More


  • Press Releases
    Jul 1, 2025

    Republican Controlled Senate Advances “Big, Terrible Bill,” Delivering Massive Tax Cuts to Billionaires on the Backs of Students and Working Families

    Senate bill will drastically raise costs on American families, push higher education further out of reach, and gut our consumer watchdog—threatening the financial security of millions.

    More


  • Press Releases
    Jun 24, 2025

    U.S. Department of Education’s Proposed PSLF Language Uplifts Thinly-Veiled Fascism

    ED released proposed regulatory language to implement President Trump’s EO to exclude certain employers from the PSLF program.

    More

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